14-day Premium Trial Subscription Sign Up For FreeGet Free

$21.98 (0%)

Volume: 0

Closed: Dec 03, 2021

Hollow Logo Score: 0.158

DSP Group Stock Forecast

$21.98 (0%)

Volume: 0

Closed: Dec 03, 2021

Score Hollow Logo 0.158
Which way will DSPG go? Request
Stop-loss: $21.15 (-3.78%)
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
RSImin/max Values: [ 25 - 75 ] RSI14 is 62 and the stock is currently not being overbought or oversold

DSP Group stock downgraded from Buy Candidate to Hold/Accumulate after Friday trading session.
(Updated on Dec 03, 2021)


Buy or Hold candidate since 2021-08-18 Gain 42.91%

No changes to the price of DSP Group stock on the last trading day (Friday, 3rd Dec 2021). During the day the stock fluctuated 0% from a day low at $21.98 to a day high of $21.98. The price has been going up and down for this period, and there has been a 0.09% gain for the last 2 weeks.

The stock is moving within a narrow and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect DSP Group stock with a 90% probability to be traded between $22.15 and $22.22 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

Signals & Forecast

The DSP Group stock holds buy signals from both short and long-term moving averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $21.98 and $21.94. A breakdown below any of these levels will issue sell signals. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Wednesday, December 01, 2021, and so far it has fallen -0.0455%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss

DSP Group finds support from accumulated volume at $21.82 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved $0 between high and low, or 0%. For the last week the stock has had a daily average volatility of 0.0774%

Our recommended stop-loss: $21.15 (-3.78%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 2 days ago.)

Is DSP Group stock A Buy?

DSP Group holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

Current score: 0.158

Predicted Opening Price for DSP Group of Monday, December 6, 2021

The predicted opening price is based on yesterday's movements between high, low, and the closing price.

Fair opening price December 6, 2021 Current price
$21.98 $21.98 (Undervalued)
Hold/Accumulate Downgraded

Remember To Visit Our YouTube Channel

Analyst Ratings

On Aug 31, 2021 "Needham & Company LLC" gave "" rating for DSPG. The price target was changed from $21.92 to 0.3%.

Volatility and Risk
Daily Average Volatility: 0.0774 %
Overall Risk: Very High High Medium Low Very Low
Volatility
0.0774 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

Resistance: $21.99
Price: $21.98
Support: $21.82

DSPG Insider Trading Show all Trades

INSIDER POWER

0.273

Last 100 transactions
Buy: 350 208 | Sell: 1 283 774 (Shares)
Date Action Amount Person Type
Dec 02, 2021 Sell 10 000 Chen Tali Stock Appreciation Right
Dec 02, 2021 Sell 92 053 Chen Tali Common Stock
Dec 02, 2021 Sell 42 689 Levy Dror Common Stock
Dec 02, 2021 Sell 8 000 Seroussi Yair Stock Option (Right to Buy)
Dec 02, 2021 Sell 8 000 Seroussi Yair Stock Option (Right to Buy)
Show all Insider Trades
INSIDER POWER

0.273

Last 100 transactions
Buy: 350 208 | Sell: 1 283 774 (Shares)

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 21.98 .
21.98 .
21.98 .
Current price: 21.98
Support 21.98 .
21.98 .
21.98 .

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 0 .
0 .
21.99 0.0455 %
Current price 21.98
Support 21.82 -0.73%
21.79 -0.86%
21.78 -0.91%

Click to get the best stock tips daily for free!

About DSP Group

DSP Group DSP Group, Inc., a fabless semiconductor company, provides wireless chipset solutions for converged communications worldwide. It operates through three segments: Home, Office, and Mobile. The company provides a portfolio of wireless chipsets that integrate DECT/CAT-iq, ULE, Wi-Fi, PSTN, HDClear, video, and VoIP technologies. It also enables converged voice, audio, and data connectivity in various consumer and enterprise products, including mobile... Read more

Golden Star Signal

This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.

This signal is rare and, in most cases, gives substantial returns. From 10 000+ stocks usually only a few will trigger a Golden Star Signal per day!

Get access to Golden Star list now!

StockInvest.usJoin 100 000+ Happy Subscribers

Don't miss out on the runners!

Get The StockInvest.Us Newsletter

StockInvest.usStock Podcast

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT